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Luxury group Richemont sees 'exceptional' growth

ZURICH - Richemont, the world's second-largest luxury group, said Friday it had enjoyed exceptional profit growth in the first half of its financial year as the firm moved on from a costly buyback of its high-end watches...

13 Nov 2017


Expansion into Switzerland lifts Spar

Group says the performance of Build It continues to defy pressure on consumer spending, with retail sales and same-store growth both increasing

16 Nov 2016


Nestlé posts sluggish first half profits

GENEVA - Nestlé, the world's largest food company, on Thursday reported a 9.1 percent fall in profits through the first six months of 2016, but said its sluggish performance should be reversed in a strong second half...

19 Aug 2016


Swiss ex-banker faints as trial over WikiLeaks leak opens

GENEVA, SWITZERLAND: A former Swiss banker fainted on Wednesday at the opening of his trial for breaking Swiss bank secrecy laws for allegedly giving confidential data to WikiLeaks...

11 Dec 2014


Zurich Insurance posts 17% fall in profits

ZURICH SWITZERLAND: Swiss insurer Zurich Insurance on Thursday (15 August) said net profits fell by 17% to US$1.85bn in the first half of the year on the back of weather-related disasters.

15 Aug 2013


Swiss Re's profits of US$786m in quarter

ZURICH, SWITZERLAND: Switzerland-based reinsurance giant Swiss Re reported a more than nine-fold leap in second-quarter profits on Thursday thanks to a jump in premiums and with exceptional costs weighing down on last year's result.

12 Aug 2013


WEF Strategic Dialogue - Future South Caucasus, Central Asia: Media accreditation open

GENEVA, SWITZERLAND: Media accreditation opens for the World Economic Forum Strategic Dialogue on the Future of the South Caucasus and Central Asia.

12 Mar 2013


Unemployment, inflation worries hit consumer confidence

NEW YORK, US: Consumer confidence fell in 25 out of 52 countries in Q4 2010 as hope for a global economic recovery evaporated at the end of last year, according to the latest edition of the Nielsen Global Consumer Confidence Index, which tracks consumer confidence, major concerns and spending intentions among online consumers.

27 Jan 2011


America still the most admired country globally

NEW YORK, US: The United States continues to lead the world in global image, according to GfK Roper Public Affairs & Corporate Communications, a division of GfK Custom Research North America and Simon Anholt, the leading policy advisor.

15 Oct 2010